Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Powell added the US has had the best domestic growth of any major economy, and emphasized the strength of the labor market ... which could cause the Fed to pause rate hikes, economists say. Traders expect the central bank to cut another 25 basis points ...
Stock Market Today: Stocks Slip After Powell Talks Rate Cuts
Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses are paying subscribers for goods, increased 0.2% month over month in October. Year over year, the headline PPI was up 2.4% – the quickest pace since July.
inflation, Stock market
October inflation readings out this week have shown little progress toward the Fed's two percent inflation target, putting ...
Forget the "Fed put." These days, it's starting to seem like the Federal Reserve has been working on a new derivative: the ...
The Fed is expected to cut rates for a second straight month but by a smaller amount. How and when consumers may feel the ...
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, ...
The postelection rally staggered on Tuesday as bond yields spiked. Some parts of the Trump trade continued to gain, such as ...
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling ...
Traders aren’t nearly as sure as they once were that the Federal Reserve will deliver another quarter-point interest-rate cut next month. Market odds stood at 62%, according to the CME Fedwatch ...
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